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Author Topic: ChromaWallet (colored coins): issue and trade private currencies/stocks/bonds/..  (Read 73006 times)
TKeenan
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January 28, 2014, 06:24:10 PM
 #401

For example, you can create 1 billion shares, and make each share divisible into 1 million parts.
Genius, pure genius.  And how many parts are the million parts divisible by?  Do you have a diploma in mathematics?
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There are several different types of Bitcoin clients. EWallets are like banks -- a central organization has complete control over your money. You shouldn't put much money in EWallets.
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killerstorm
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January 28, 2014, 07:09:43 PM
 #402

For example, you can create 1 billion shares, and make each share divisible into 1 million parts.
Genius, pure genius.  And how many parts are the million parts divisible by?

Well, basically one creates 10^15 atoms, 10^6 atoms represent 1 share. (That's simply a display convention, for convenience.)

OBC represents 1 atom with 1 satoshi. But ITOG does not.

Do you have a diploma in mathematics?

M. Sc. in applied math.

colored coins proof-of-concept: private currencies, stock/bond p2p exchange

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January 28, 2014, 11:31:08 PM
 #403

For example, you can create 1 billion shares, and make each share divisible into 1 million parts.
Genius, pure genius.  And how many parts are the million parts divisible by?

Well, basically one creates 10^15 atoms, 10^6 atoms represent 1 share. (That's simply a display convention, for convenience.)

OBC represents 1 atom with 1 satoshi. But ITOG does not.

Do you have a diploma in mathematics?

M. Sc. in applied math.

Ooh…burn!
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January 29, 2014, 01:00:27 PM
 #404

I know estimates are hard, but what's the new projection for when chroma wallet will be good enough? Next week? Another month?
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https://1broker.com/m/r.php?i=3148


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January 31, 2014, 07:40:01 AM
 #405

This forum is so small.

Went through 10 pages to end up here and say: GOOD LUCK!

It started from Ethereum thread, it took me to another 6 websites until I got here. Had to read all the posts to get a deeper understanding.


All I can say: I'm excited!


Also,


BUMP!


@ThisWeeksCoin

https://1broker.com/m/r.php?i=3148 (Yes, it's a ref link.)
^^Forex trading with bitcoin^^
TKeenan
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January 31, 2014, 10:16:55 PM
 #406

Yeah, but it's from Phoenix University.  Dumbass.
killerstorm
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January 31, 2014, 10:18:21 PM
 #407

I know estimates are hard, but what's the new projection for when chroma wallet will be good enough? Next week? Another month?

As you see, I failed to complete it in January as promised. It happened not because the task is big, but because we made very little progress, sadly things didn't go well.

However, it looks like things are getting better now and we'll be able to make good progress. The deadline is two weeks (Feb 14), but I hope I'll get something sooner than that.

A lot depends on me personally at this stage, so if I'll get ill or something we'll get more delays Sad

colored coins proof-of-concept: private currencies, stock/bond p2p exchange

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Dash forward


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February 08, 2014, 03:45:11 AM
 #408


Take care of yourself.Especially when is close to success.

BitNet(VPNCOIN)VqvW2TQdfdgNroksKWNX7zNABUQKRznZg7
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Bitcoin Abides


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February 16, 2014, 07:29:32 PM
 #409

I hope to see this soon. The waters are getting muddied by centralized scamcoins that claim to be Bitcoin protocol overlays yet require closed source api servers that reserve the right to restrict access. I'm not trying to rush you, just do it right and show these scammers that there are no shortcuts. Counterparty (that name was my idea for an escrow betting coin in 2012) is pretending to be decentralized. Mastercoin may work, but seems too fragile and will probably sacrifice decentraliztion to avoid double spending. Ethereum is nothing but a hodgepodge of ideas, vaporware, and hype.

 Colored Coins at least has your pledge to release open source chroma servers. Bitcoin deserves nothing less.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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Trust:+4:20--Warning* ASICs with extreme hashrate!


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February 18, 2014, 03:58:57 AM
 #410

how did i overlook this thread ! ~ i'm working on a similar project myself! =) *awesome stuff here peepz!!!!

KILLASTORM -- STAY UP!!!!!
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February 22, 2014, 09:49:07 PM
 #411

I know estimates are hard, but what's the new projection for when chroma wallet will be good enough? Next week? Another month?

As you see, I failed to complete it in January as promised. It happened not because the task is big, but because we made very little progress, sadly things didn't go well.

However, it looks like things are getting better now and we'll be able to make good progress. The deadline is two weeks (Feb 14), but I hope I'll get something sooner than that.

A lot depends on me personally at this stage, so if I'll get ill or something we'll get more delays Sad
Can you give a status update?

TKeenan
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February 23, 2014, 09:12:16 PM
 #412

As you see, I failed...

...we made very little progress...

...sadly things didn't go well....
Can you give a status update?
Status update: Chroma Wallet died a long time ago.  Once Killerstorm spent more time bashing Mastercoin than developing Colored Coins, it was clear he knew he could not ever finish.  Now, the only whimper we hear are the last gasps of life. Status: Colored Coins are still dead.
TKeenan
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February 23, 2014, 09:21:10 PM
 #413

Can you give a status update?

Please be advised that the Mastercoin OmniWallet is almost released and the new Distributed Exchange is coming on line March 15th.  That should excite you.  Plus, Mastercoin has about $4million in the bank remaining to continue the effort.  Should produce some interesting results in the coming year.
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March 09, 2014, 03:46:45 PM
 #414

ChromaWallet 0.0.5 preview available:

Linux 64-bit: http://killerstorm.xen.prgmr.com/alex/chromawallet-linux-x86_64-0.0.5.tbz
Windows (32-bit): http://killerstorm.xen.prgmr.com/alex/chromawallet-win32-0.0.5.zip

New features:

  • epobc coloring scheme solves many problem obc had
  • works as thin wallet

In default configuration it doesn't rely on a local bitcoind, instead it gets data from blockchain.inf and/or chromanode service. (Electrum connector is in development.)

By default it works on mainnet, add --testnet parameter to run it in testnet mode. E.g. "chromawallet --testnet" or "cw-cli --testnet <command>".

If you want use old wallet, you can so so via "--wallet=<path-to-wallet>", e.g. "./chromawallet --wallet=wallet.db".

Note: It isn't safe enough for mainnet, don't use it with non-negligible amounts!


colored coins proof-of-concept: private currencies, stock/bond p2p exchange

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Peter Todd
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March 09, 2014, 05:01:30 PM
 #415

Congrats! Just did a git pull to play with it.

It's great to see this be made SPV; the idea that Colored Coins and similar things isn't SPV-compat without explicit miner support is a serious misconception.

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March 09, 2014, 05:09:46 PM
 #416

BTW if you want to add true SPV support rather than relying on bc.i/etc. to get the data, I need to add that code to python-bitcoinlib for other projects too.

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March 09, 2014, 05:26:11 PM
 #417

Yes, congratulations!

It's great to see this be made SPV; the idea that Colored Coins and similar things isn't SPV-compat without explicit miner support is a serious misconception.

Well, is not compatible with regular bitcoin SPV, but you can have colored SPV and you could even have a committed colored UTXO softfork as well (if there's a way for miners to clearly know about "colored coinbases", for which there's probably a coloring kernel).
So, yes, sorry because I've not explained this very clearly and I've probably spread some confusion about this.

2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
killerstorm
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March 10, 2014, 12:59:06 AM
 #418

Yes, congratulations!

It's great to see this be made SPV; the idea that Colored Coins and similar things isn't SPV-compat without explicit miner support is a serious misconception.

Well, is not compatible with regular bitcoin SPV, but you can have colored SPV

Implementation consists of regular bitcoin SPV for UTXOs and backward-scan based coloring.

and you could even have a committed colored UTXO softfork as well (if there's a way for miners to clearly know about "colored coinbases", for which there's probably a coloring kernel).

CHECK_COLOR opcode is a simpler softfork solution.

colored coins proof-of-concept: private currencies, stock/bond p2p exchange

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jtimon
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March 10, 2014, 01:08:11 AM
 #419

and you could even have a committed colored UTXO softfork as well (if there's a way for miners to clearly know about "colored coinbases", for which there's probably a coloring kernel).

CHECK_COLOR opcode is a simpler softfork solution.

Covenants are a more generic solution and I don't think OP_CHECK_COLOR will ever make it.
As you know my preference are tagged colors (hardfork).

2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
killerstorm
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March 10, 2014, 01:26:07 AM
 #420

Covenants are a more generic solution and I don't think OP_CHECK_COLOR will ever make it.
As you know my preference are tagged colors (hardfork).

Well, in terms of complexity, OP_CHECK_COLOR is something I could probably hack together over weekend... Simple solution are more likely to win. (See: worse is better.)

colored coins proof-of-concept: private currencies, stock/bond p2p exchange

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